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Re: None

Saturday, 07/05/2008 10:48:38 AM

Saturday, July 05, 2008 10:48:38 AM

Post# of 385287
Well, someone has to be the board idiot..

One could look at myriads of indicators, and past history to determine whether or not a bottom is near, or at hand......or you "could" let the market price tell you that the trend has changed. The counter-argument would be that you would then "give back" part of the gains..assuming you had been following the down trend for the last month and had those profits.

The counter-counter-argument would be that the give back is small compared to the gain, and that trying to guess the bottom against the trend will probably cost more than waiting for a trend reversal to manifest itself. bwdik.

http://stockcharts.com/h-sc/ui?s=MVV&p=D&yr=0&mn=6&dy=0&id=p98946700073&a=137225579&listNum=1



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